Mi Hub, a prominent player within LDC’s portfolio, is proud to announce that it has once again retained the highest Environmental, Social, and Governance (ESG) score across LDC’s portfolio for the second year in a row. This achievement is a testament to the significant strides Mi Hub has made in its ESG efforts, which have been recognised by a 7% increase in its score, as revealed by the latest ESG benchmarking survey conducted by LDC.
The results of the survey underscore Mi Hub’s unwavering commitment to sustainability, transparency, and responsible business practices. As part of its strategic goals, Mi Hub has developed a comprehensive and evolving ESG framework that guides the company’s activities and decision-making. Now in its second year, Mi Hub’s ESG strategy remains central to its operational ethos, underpinning the company’s dedication to long-term value creation for both shareholders and stakeholders alike.
In line with its ambitious ESG objectives, Mi Hub continues to make significant progress in its sustainability initiatives, prioritising environmental stewardship, social responsibility, and sound governance practices. With the establishment of a dedicated ESG and Risk Team, Mi Hub has positioned itself as an industry leader, consistently striving to meet the highest standards of ESG performance.
Several notable accomplishments over the past year have contributed to Mi Hub’s strong ESG performance, and highlight the company’s proactive approach to sustainability:
EcoVadis Gold Medal with Annual Disclosures Mi Hub has achieved the prestigious EcoVadis Gold Medal, a recognised global standard for corporate social responsibility and sustainability performance. This distinction reflects the company’s dedication to maintaining high ESG standards across its operations, as well as its commitment to transparent annual disclosures of ESG metrics.
Carbon Disclosure Project (CDP) Rating of CD Mi Hub’s efforts in addressing climate-related risks and opportunities have been acknowledged by the Carbon Disclosure Project (CDP), where the company received a CD rating. This score indicates that Mi Hub has demonstrated a meaningful commitment to managing its environmental impact, providing clear and actionable data regarding its carbon footprint and climate-related policies.
Robust Carbon Reduction Plan Aligned with Science-Based Targets (SBTs) A central component of Mi Hub’s ESG strategy is its commitment to reducing carbon emissions. The company has developed and implemented a robust carbon reduction plan that aligns with Science-Based Targets (SBTs). This plan not only supports Mi Hub’s efforts to meet global climate goals but also ensures that its operations contribute to the transition to a low-carbon economy.